Question
discuss a real business case scenario in which you or someone in the management position at your company needed to consider both the macro and
discuss a real business case scenario in which you or someone in the management position at your company needed to consider both the macro and microeconomic factors to analyze a business problem. What were the specific factors at play?What was the outcome of analyzing the business problem? If you don't have such an experience, please consider a hypothetical scenario
choose two companies in two different industries. After answering those questions above, compare the two companies managerial decision-making process and discuss how those economic factors (micro and macro) affect crafting business strategies.
Bottom-line:
1.Choose two companies in two different industries (real ones or hypothetical).
2. Discuss a real business or hypothetical problems in which you or someone in the management position at these two companies needed to consider both the macroeconomic and microeconomic factors to analyze these problems so as to come up with some possible solutions.
3. What were the specific factors (micro and macro) at play for both companies?What were the outcomes of the analysis of the problems and solutions for these two companies?
4. Finally, compare and contrast the two companies' managerial decision-making processes in analyzing those business problems and their proposed business strategies (as solutions).
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